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Your first tuesday real estate news
Week of April 20, 2020

California likely has some of your money — here’s how to reclaim it
Escheat is the legal process of transferring abandoned property to the state.

Brokerage Reminder: The seller’s broker’s due diligence
Brush up on the due diligence obligations a seller’s agent owes to their seller.

Mortgage Concepts: California MLO licensing laws
This Mortgage Concepts video clarifies the differences between California's MLO licensing systems.

Legislative Gossip Update, April 2020
New bills, micro-unit buildings, and tenant protections during the COVID-19 outbreak.

Current market rates
The average 30-year fixed rate mortgage remained roughly level at 3.31% in the week ending April 17, 2020.

Form udpates  form updates this month
 

- Listing Forms and Marketing Package: Form 115


Coming soon! A new series of Tenant Protection Act (TPA) forms will be published on the RPI Forms Download page in the coming weeks. The new forms are used by landlords of properties subject to AB 1482 which limits annual rent increases to 5% plus the rate of inflation, and requires “just cause” to evict tenants who have occupied a unit for 12 months or more. An exhaustive article will be published in conjunction with the release of the new forms.

 

To access all updated forms, view our RPI Forms library here.
Click on Download the Full Forms Library to download our entire catalog.

 

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